Updated Sep 29, 2026
Local Family Office Purchases 18-Unit Multifamily Property In Fresno For $2.23M
1550 West Swift Avenue
$2,230,000
$121/SF
Building Size
18,296 SF
Asset Type
MultiFamily
Closing
Sep 25, 2026
About this deal
AI
The multifamily property located at 1550 West Swift Avenue, Fresno, CA, encompasses 18 units within an 18,296-square-foot area. It was sold for $2,230,000. The asset, sitting on 0.83 acres, features two-bedroom units, in-unit laundry hookups, a pool, and two-car garages.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,230,000
- Units: 18
- Price Per Unit: $123,889
- Square Feet: 18,296
- Price Per Square Foot: $122
- Brokers: Robin Kane & Brendan Kane - NorthMarq
A local family office acquired the 18-unit property from a Colorado-based family office. Robin Kane and Brendan Kane from NorthMarq represented the seller throughout the transaction.
On the Map
$2,230,000
$121/SF
MultiFamily
View full map
Players
Fresno MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Robin Kane to view all their deals.
Browse Fresno multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.11%
Cash-on-Cash
-2.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93